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SPATZ v. BORENSTEIN

No. 76 C 4477.

513 F.Supp. 571 (1981)

David SPATZ and Charles Janda, Plaintiffs, v. Joseph BORENSTEIN and Stanley Melnick, Defendants.

United States District Court, N. D. Illinois, E. D.

Supplemental Opinion Filed May 1, 1981.

Attorney(s) appearing for the Case

Michael K. Wolf, Michael A. Weinberg, Levy & Erens, Michael G. Erens, Kamensky & Landan, Chicago, Ill., for plaintiffs.

Margaret Maxwell, Hubachek & Kelly Ltd., Chicago, Ill., for defendant Borenstein.

Richard M. Kates, Chicago, Ill., for defendant Melnick.

MEMORANDUM AND ORDER

MORAN, District Judge.

Plaintiffs David Spatz ("Spatz") and Charles A. Janda ("Janda") have moved for summary judgment on Counts III through VI in this action alleging violations of § 12(2) and § 17(a) of the Securities Act of 1933, 15 U.S.C. §§ 77a-77aa (the "Securities Act"), § 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. §§ 78a-78hh (the "Exchange Act"), Rule 10b-5 of the Securities...

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